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Hormuz Risk: Why One Chokepoint Could Shake Oil and Global Markets

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The Strait of Hormuz, with a minimum width of 33 kilometers, transported approximately 20 million barrels per day of crude oil and refined products prior to the February 2026 conflict. That volume represented 25% of global seaborne oil trad…

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Hormuz Risk: Why One Chokepoint Could Shake Oil and Global Markets
Crypto Economy 1h ago

Hormuz Risk: Why One Chokepoint Could Shake Oil and Global Markets

The Strait of Hormuz, with a minimum width of 33 kilometers, transported approximately 20 million barrels per day of crude oil and refined products prior to the February 2026 conflict. That volume represented 25% of global seaborne oil trad…